E Checks for Recurring BillingElectronic checks (echecks) are particularly beneficial for merchants that offer recurring billing or subscription payments. Echecks are a stable payment option for merchants that are interested in protecting cash flow for recurring payments.The more payment options..
Strategies for High Risk ACH & eCheck Account ApprovalHigh risk merchants can obtain an echeck account. Yet, it is more important than ever to prepare the application in a way that maximizes your chances for approval for electronic check processing.Banks are taking closer looks at high risk..
When a payment is made through the ACH Network, funds from the customer’s bank account are not immediately set aside to cover the transaction. Because the ACH system processes transactions in batches rather than “real time”, funds do not clear through the Federal Reserve..
What is an Echeck Account?Echecks are the most popular alternative payment method for US consumers. Millions of Americans regularly purchase goods & services with electronic checks rather than cards.An echeck account gives you the ability to accept checks online. Or accept check by phone,..
Electronic Checks for LendersPayment processing for payday loans is getting more challenging to obtain. Yet, good accounts are still available for both US and offshore payday loan companiesThe Federal Deposit Insurance Corporation and the Office of the Comptroller of the..
The ACH Network is an electronic payment processing platform through which monies and payment-related data flows. The network is a safe, secure, method for transferring consumer, business, and government payments. Billions of dollars are processed annually through ACH, including direct..